The crisis was foretold Former Deputy Governor Dr Murtaza Syed in a hard-hitting article laments that the crisis facing the economy today... Updated 04 Feb, 2023 07:24am
Business & Finance Jul-Jan trade deficit shrinks 31.97pc to $19.632bn YoY ISLAMABAD: Pakistan’s trade deficit narrowed by 31.97 percent to $19.632 billion during the first seven months... Updated 03 Feb, 2023 08:42am
BR Research Exchange companies: third currency conundrum PKR/USD has shown resistance at the 270 level in the interbank market. Yesterday, the PKR appreciated against USD... Published 01 Feb, 2023 09:09am
Opinion At crossroads Perhaps, no reader will be surprised with the caption of this piece. This heading has acquired the status of a... Published 31 Jan, 2023 06:01am
Print Talks with IMF team: Doubts exist about Dar-led team’s capability ISLAMABAD: The business community and agriculturalists have shown serious concerns over the capability of Finance... Updated 31 Jan, 2023 09:03am
Business & Finance PBC satisfied with SBP’s steps aimed at managing liquidity KARACHI: A Pakistan Business Council (PBC) delegation, led by its Chairman Muhammad Aurangzeb met the Governor of ... Published 31 Jan, 2023 06:01am
Print Import of used tractors: ECC asks MoC, SBP to rethink ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has directed Commerce Ministry and State Bank of... Updated 30 Jan, 2023 09:23am
Business & Finance FBR seeks to raise FED on motor vehicles ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to raise the federal excise duty (FED) on imported and... Updated 28 Jan, 2023 08:42am
Print B2B barter trade mechanism: MoC empowered to impose conditions, curbs ISLAMABAD: Commerce Ministry has been empowered to impose country or commodity specific conditions or restrictions... Updated 28 Jan, 2023 08:45am
Pakistan US has no objection to Pakistan importing Russian oil: Price WASHINGTON: The United States of America has said that it has no objection to Pakistan importing Russian oil. ... Published 26 Jan, 2023 07:19am
Business & Finance Donation consignments for flood victims: ST, FED and IT on import, supply exempted ISLAMABAD: The Federal Board of Revenue (FBR) has exempted sales tax, federal excise duty (FED), and income tax on... Published 26 Jan, 2023 07:09am
Print Rs300bn taxation measures thru Ord on the way FBR drafts proposals of new taxation measures to be enforced through the promulgation of the Tax Laws Amendments Ordinance, 2023 Updated 26 Jan, 2023 09:49am
Opinion The darkness deepens They say the night is darkest before the dawn. On Monday, it couldn’t have gotten darker—somewhere, someone in... Published 25 Jan, 2023 06:25am
Print ECC to meet today ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet meeting has been convened with eight-point... Updated 25 Jan, 2023 08:51am
Business & Finance Non-opening of LCs hampering jute bags production: PJMA LAHORE: Non-opening of LCs by the banks has created shortage of raw materials imported mainly from Bangladesh for... Published 24 Jan, 2023 07:58am
Business & Finance Traders stage protest demo against ‘anti-industry’ policies LAHORE: The business community lodged a massive and strong protest demonstration in front of Lahore Press Club, here... Published 24 Jan, 2023 07:17am
Print Consignments stuck at ports: Banks told to give one-time facilitation to importers KARACHI: In order to clear the stuck consignments at ports, the State Bank of Pakistan (SBP) has advised banks to... Updated 24 Jan, 2023 08:59am
Business & Finance Customs values on paraffin wax, calcium carbide revised ISLAMABAD: The Directorate General of Customs Valuation, Karachi has revised customs values on the import of ... Published 24 Jan, 2023 06:06am
Business & Finance Incandescent light bulbs: Duties, taxes on import of parts, CBUs may soar ISLAMABAD: The government is likely to increase duties and taxes on import of parts and Completely Built Units ... Published 24 Jan, 2023 06:06am
Business & Finance SBP extends one-time facilitation to importers Advises banks to provide one-time facilitation to all those importers who can either extend their payment terms to 180 days (or beyond) or arrange funds from abroad to settle their pending import payments Updated 23 Jan, 2023 05:57pm
Business & Finance Business community to mount protests against govt policies today: BMP chief LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s former president Mian Anjum Nisar has ... Published 23 Jan, 2023 06:54am
Business & Finance PCMEA calls for opening of LCs on priority basis LAHORE: Pakistan Carpet Manufacturers and Exporters Association (PCMEA) Senior Vice Chairman Usman Ashraf said on... Published 23 Jan, 2023 06:20am
Print LC issue: PALSP threatens to shut down steel units ISLAMABAD: The documented steel sector will be forced to close down its units for an indefinite period in case the... Updated 23 Jan, 2023 09:18am
Business & Finance LCCI starts consultation to prepare economic policy framework LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has started consultation to prepare economic policy... Published 21 Jan, 2023 07:20am
Business & Finance Import of raw materials: PYMA says has apprised SBP about obstacles KARACHI: Pakistan Yarn Merchants Association (PYMA) has informed the Governor State Bank of Pakistan, Jameel Ahmed,... Published 21 Jan, 2023 07:18am
BR Research CAD down; crisis up The current account deficit stood at $400 million in Dec-22 and $1.2 billion for the second quarter – down by 78... Published 20 Jan, 2023 09:12am
Opinion Wheat crisis Agrarian economy of Pakistan employs a large workforce and considered vital from a social, livelihood and foreign... Published 20 Jan, 2023 06:35am
Business & Finance Crisis situation: APTMA urges govt to think out of the box, take stakeholders into confidence LAHORE: Chairman of All Pakistan Textile Mills Association (APTMA) North Zone Hamid Zaman has urged the government ... Published 20 Jan, 2023 06:10am
Print C/A deficit dips 60pc in H1FY23 on lower imports KARACHI: The country’s current account deficit declined sharply 60 percent during the first half of this fiscal year... Updated 19 Jan, 2023 08:42am
Print Countries lacking banking channels: ECC approves B2B barter trade mechanism ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved business-to-business (B2B) barter... Updated 19 Jan, 2023 08:43am